First Automotive Works, also known as FAW, has moved three places up the rank from fifth to a top two position behind the Volvo group. The fortune 500 company with a truck assembly plant worth six hundred million (R600 mill) located at the Coega Special Economic Zone (SEZ) spent the greater part of 2017 raving up its export numbers to two hundred and twelve (212) units. “Nothing gives us greater pleasure than to see the extent of success that accumulates with investments located at the … [Read more...] about R600 million investment at Coega SEZ bearing fruits
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FAW records a satisfying 2016
FAW Vehicle Manufacturers SA (Pty) Ltd. has enjoyed a particularly memorable 2016, racking up unmatched milestones amongst FAW manufacturing plants outside of the headquartered plants in China. Besides the fact that FAW SA started modestly over 20 years ago selling trucks locally, it has in recent years truly stepped up to the plate. FAW SA has made a commitment in the last three years of over 100million USD in local plant, infrastructure, job creation and training. The Coega-based plant and … [Read more...] about FAW records a satisfying 2016
Salarym Earners Paid but Weekly Wage Earners not
Dear MyPE It could be blamed on inexperience regarding the LONG Easter weekend compensation, but yours truly finds no logic in the newly-established China originating FAW Vehicle Manufacturer at the Coega IDZ for NOT paying weekly employees their wages for the LONG Passover weekend despite paying the Salaried employees on the 24th of March 2016 BEFORE the Long Weekend. A childhood friend and a distant cousin who works at FAW (and a staunch ANC card-carrying member) begged me to highlight … [Read more...] about Salarym Earners Paid but Weekly Wage Earners not
Six Primary Schools benefit from R200 000 donation
Much needed school uniforms will be bought for 300 children from six primary schools in Nelson Mandela Bay after Chinese automotive company, First Automotive Works (FAW) donated R200 000 as part of its social upliftment project, earlier this week. The five Motherwell based schools who are benefitting from the donation are Fumisikoma Primary, Melisizwe Primary, Imbasa Primary, Empumalanga Primary, and Mdengentonga Primary. Coega Primary School in Wells Estate is the sixth school which will … [Read more...] about Six Primary Schools benefit from R200 000 donation
Investor confidence in Nelson Mandela Bay focal point at R600 million FAW plant launch
Nelson Mandela Bay Municipality received the thumbs up as an area that enjoys investor confidence with the launch of the R600 million FAW Coega Plant and a subsequent high-level Chinese delegation visit to the Office of Executive Mayor Benson Fihla. President Jacob Zuma said the decision of the international automotive giant to build a plant at Coega IDZ is a vote of confidence in Nelson Mandela Bay and the Eastern Cape Province as a whole. “This augurs well for South Africa’s ability to … [Read more...] about Investor confidence in Nelson Mandela Bay focal point at R600 million FAW plant launch
Good news for job creation
Rob Davies says that the production of up to 5 000 trucks at the newly launched First Automobile Works (FAW) vehicle assembly plant in Coega, Port Elizabeth, is good news for job creation in the country. Speaking before President Jacob Zuma launched the R600-million plant on Thursday, Trade and Industry Minister Dr Rob Davies, said hundreds of jobs would result from FAW operations in the Eastern Cape. Located in Zone 2 of the Coega Industrial Development Zone (IDZ), the production plant is … [Read more...] about Good news for job creation
FAW assembly plant to boost Government’s growth target
The new First Automobile Works (FAW) South Africa vehicle assembly plant in Port Elizabeth, in the Eastern Cape, will boost the country's efforts to achieve a growth target of 5% by 2019, says President Jacob Zuma. "We have set a growth target of 5% by the year 2019. We view this occasion today as a key contribution towards attaining that goal. Growth is also possible if we, as government, actively support our partners in the private sector to create a positive environment for business to … [Read more...] about FAW assembly plant to boost Government’s growth target
Cabinet welcomes opening of FAW plant in Port Elizabeth
Cabinet has welcomed the launch of the First Automotive Works (FAW) South Africa assembly plant and operations in the Coega Industrial Development Zone (IDZ) in the Nelson Mandela Bay Metro in the Eastern Cape. The R600-million truck assembly, which is being launched today by President Jacob Zuma, is located in Zone 2 of the Coega IDZ and funded jointly by the China FAW Group Corporation and China-Africa Development Fund. It is one of the largest investments made by a Chinese company in … [Read more...] about Cabinet welcomes opening of FAW plant in Port Elizabeth
Zuma to launch local automotive plant
President Jacob Zuma is expected to launch the First Automotive Works (FAW) South Africa assembly plant in the Eastern Cape on Thursday. The R600-million truck assembly plant is based in the Coega Industrial Development Zone at the Nelson Mandela Bay Metro in Port Elizabeth. It is part of government's interventions in manufacturing as an important pillar of the economy, and will help further shore up foreign investor confidence in South Africa. "The plant will initially assemble 5 000 … [Read more...] about Zuma to launch local automotive plant
More jobs and training opportunities in Nelson Mandela Bay
A new job means more to the people of Nelson Mandela Bay – who are benefitting from an upturn in the job market thanks to Coega Industrial Development Zone investors who have recently come online – its symbolizes the new heights the city can reach. As FAW (SA) as well as DCD Wind Towers, Agni Steels (SA), start operations in the Coega IDZ, a couple of hundred jobs have opened up to the local market. For Bongani Moni, new FAW warehouse manager, it means growth personally and … [Read more...] about More jobs and training opportunities in Nelson Mandela Bay
A job is a precious commodity
For born-and-bred Port Elizabeth woman, Thembisa Ngxale, working at Chinese automotive giant First Automotive Works (FAW) South Africa, in Zone 2 of the Coega Industrial Development Zone (IDZ), is a dream come true as well as an indication of growth potential in Nelson Mandela Bay. Ngxale was employed just over a month ago in April as a warehouse stock controller at FAW SA's new truck assembly plant in the Coega IDZ. She is excited about using her skills to help grow FAW SA and contribute … [Read more...] about A job is a precious commodity
Keen competition for 100 FAW jobs
Coega Industrial Development Zone (IDZ) investor First Automotive Works (FAW) South Africa is poised to create much needed job opportunities for Nelson Mandela Bay Metro residents at its newly finished plant in Zone 2 of the IDZ in Nelson Mandela Bay. The Coega Development Corporation (CDC) has been intimately involved in the recruitment and selection process of employees at the FAW South Africa assembly plant through its specialised unit for recruitment and placements, Coega Human Capital … [Read more...] about Keen competition for 100 FAW jobs
A good neighbour is much better than a far relative
Coega IDZ based gas company Air Products is notching up heavyweight clients on the back of its decision to establish a state-of-the-art air separation unit in the Coega Industrial Development Zone (IDZ), by securing Chinese automotive giant, First Automobile Works (FAW). In September 2013, Air Products won the national contract to supply APM Terminals with welding gases at their Johannesburg, Cape Town, Durban and Port Elizabeth sites. Air Products believes the new contracts are due to their … [Read more...] about A good neighbour is much better than a far relative
Coega’s ecosynthesis experiment
The Coega Development Corporation (CDC), Uhambiso and WBHO Construction are launching a pioneering environmental experiment as a baseline study in the Industrial Development Zone (IDZ). The first ever Coega IDZ "ecosynthesis experiment" project started this month on a recently downgraded piece of virgin land adjacent to a site in Zone 2 of the Coega IDZ earmarked for Chinese car and truck manufacturer, First Automotive Works' (FAW) new plant, which WBHO is currently constructing. The … [Read more...] about Coega’s ecosynthesis experiment
FAW – Like attracts Like
Chinese automotive manufacturer First Automotive Works (FAW) today announced it would work closely with the Coega Development Corporation (CDC) to identify and attract potential suppliers from China and South Africa to locate near its new plant in the Coega Industrial Development Zone (IDZ). The company hopes to send a strong message to potential Chinese and South African first and second tier suppliers that it means business in the Coega IDZ – and needs industry to support its … [Read more...] about FAW – Like attracts Like
